World Liberty Financial (WLFI), the cryptocurrency initiative linked to the Trump family, has rejected claims from The Wall Street Journal and Bloomberg about its dealings with Binance.US.
Allegations Against WLFI
According to reports from WSJ, the Trump family was considering investment opportunities in Binance's U.S. branch and was in discussions about stablecoin development with them. WLFI vehemently denies these claims, calling them fabricated and misleading.
WLFI's Response to Criticism
In response to these allegations, WLFI emphasized the importance of factual reporting and cautioned against sensational narratives. The WLFI team reiterated their commitment to transparency and collaboration with reputable industry partners, promising forthcoming announcements to clarify the project's mission.
Conclusion
WLFI leadership highlighted the prevalent misinformation in the cryptocurrency market, urging the community to rely on verified information through official channels.
WLFI continues to adhere to its fundamental principles and aims to advance decentralized finance, despite the allegations.
